Bookkeeping Articles
This is a great article all about the benefits of outsourcing your bookkeeping, and how to find the right bookkeeping and business services company for you.
Tue, 18 Nov 2008: It's Time To Stop Taxing Yourself
It is time to start organizing your paperwork again. How much time will you spend gathering your accounts? More of your time will be spent to meet with your bookkeeper, and then your accountant, each of them reminding you of what information you forgot to get to them, and each of them letting you know what they still need from you.
Wed, 29 Oct 2008: Bookkeeping Business Tips for Developing Reliable Financial Projections
Five clever tactics to achieve your business goals faster by developing accurate financial projects are revealed by experienced business coach.
Thu, 23 Oct 2008: 2009 Budget Effects on Irish Payroll Services
The recently published Irish budget for 2009 will require a number of changes to be kept in mind by Irish payroll companies. This article outlines some of the key changes.
Wed, 22 Oct 2008: What Is The Difference Between Cash And Accrual Basis Accounting?
Many people that are new to the world of small business do not realize there are two distinct forms of accounting. Determining which method is best is important for your business. But how can you make that decision if you don't know the difference between the two?
Tue, 2 Sep 2008: Nine Reasons Why Potential Clients Should Hire Your Bookkeeping Service
Many bookkeeping business owners avoid marketing to new clients because they've not found a successful, or comfortable, approach to do so. The following proven marketing approach will help you grow your bookkeeping business.
Mon, 1 Sep 2008: Small Business Advice: Improve Your Accounts Receivable Collection Cycle Now
Almost any small business can use advice on how to improve its collection cycle. The first line of defense against late payments is a complete invoice. Your bills should be accurate, detailed and easy to understand. Further improve your accounts receivable collections by asking four important bookkeeping service questions.
Tue, 26 Aug 2008: 6 Bookkeeping Tips For Starting Your Own Business
Starting your own business can be a very rewarding experience. You will enjoy freedom and flexibility you never imagined. You will also work harder than you ever have before but it feels completely different when you are working for yourself. Here are some tips to help you get off on the right foot with your record keeping.
Sun, 27 Jul 2008: Bookkeeping Business Secrets for Goal-Setting Success
Goal setting is crucial to the success of any business, but is particularly important for entrepreneurs in the bookkeeping service business who are distracted with multiple priorities. Goals direct actions, give us something to aim for, and serve as a yardstick for measuring our bookkeeping business's success.
Thu, 26 Jun 2008: Basic Bookkeeping And Accounting Skills That You Must Have
Accounting is something that is useful in your personal as well as professional lives, and it would be worth your while to shed your prejudices and listen! Accounting is nothing complex as you have mistakenly imagined.
Fri, 1 Feb 2008: Cost Savings from Computerized Accounting are Not What They Should Be
Considering moving from a manual accounting system to a computerized one? Don't expect to save any money. Here's why.
Sat, 12 Jan 2008: Small Business Accounting Software Equals Simple Bookkeeping Spreadsheets
There is a major difference between sophisticated accounting software used by larger businesses for financial control purposes than is required for small business where a simple bookkeeping spreadsheet is sufficient.
Sat, 8 Dec 2007: Basic Bookkeeping For Small Business Can Save Money
Every business is required to keep a set of financial records to enable those accounts to be submitted and the tax payable calculated. Bookkeeping is the prime stage in keeping those books and at its most basic level does not require high levels of accounting knowledge and experience and accountant fees can be saved.
Sat, 1 Dec 2007: Deciding Between Bookkeeping Software And Bookkeeping Services
All small businesses have to choose between keeping manual records of financial transactions and the benefits, advantages and disadvantages of utilising bookkeeping software and or employing bookkeeping services for this purpose. The correct choice will vary from business to business but a choice should be made to achieve the best financial performance.
Fri, 30 Nov 2007: Bookkeeping Software Spreadsheets Are Essential Small Business Accounting Tools
Accurate financial records must be kept by every business and bookkeeping software spreadsheets can satisfy this requirement. Further by adopting a simple accounting system the small business can use the bookkeeping spreadsheets to both manage financial control over the business and complete the essential task of reporting for tax purposes.
Thu, 29 Nov 2007: Financial Control Under A Self Employed Single Entry Bookkeeping System
Single entry bookkeeping is an accounting practise that can be employed by small business and in particular self employed business where a balance sheet is not required for financial control or tax purposes. A self employed bookkeeping system is basically the production of an income and expenditure account to produce a net taxable profit for tax purposes.
Wed, 28 Nov 2007: Why Bookkeepers And Accountants Use Double Entry Bookkeeping
Double entry bookkeeping is the technique employed by accounting software to accurately record financial transactions stretching back hundreds of years Double entry bookkeeping means every financial transaction has an equal and opposite effect which is checked using a trial balance prior to producing a profit and loss account and balance sheet.
Tue, 27 Nov 2007: Double Entry Bookkeeping Versus Single Entry Bookkeeping
Bookkeeping is the function of recording the prime financial documents of a business usually by a bookkeeper or accounts clerk. The bookkeeping system adopted has to be based upon double entry principles for all limited companies but a single entry self employed bookkeeping system for smaller organisations can be adopted if a statement of assets and liabilities is not required.
Mon, 5 Nov 2007: Small Business Success
Small business is again in transition. Many employees, now working from home, are no longer tied to a geographic office and the woes of commuting. This is a relatively new phenomenon with hints of explosive sector growth in the days ahead. As this turbulent economy has forced downsizing, offshore restructuring and closures in large companies, many new entrepreneurs have been born. These are people, who instead of tirelessly attempting to find new employment and possibly enduring the same fate as
Tue, 7 Aug 2007: How to Eliminate the Frustration from a Small Business Owner
If you are the owner of the small business company you always have heaps of work, regarding your company finances. The fact is there and still do you need to go to the professional to take the stress
Tue, 19 Jun 2007: The Difference of Getting Paid With a 1099 Verses a W-2
Whenever a business starts there is always the question of how the people that provide services for the business will be paid. Will those services be performed by employees or will independent contra
Sun, 10 Jun 2007: Ten Commonly Missed Tax Deductions For Businesses
There is nothing worse than preparing Income Taxes and finding that there were many deductions we didn't keep track of. Not keeping track of deductions can be very costly come tax time. It is very i
Fri, 8 Jun 2007: Safeguarding Tax and Financial Records
The IRS recently published a newswire urging people to safeguard their records. IRS Acting Commissioner, Kevin M. Brown stated, "With forecasts calling for an active Atlantic hurricane season, the IR
Tue, 17 Apr 2007: Get Tax Deductions
Are you a small business owner who is planning on preparing your own taxes this year? If you are, you may want to know about the business deductions that you can claim. You may be happy to know that there are a number of deductions that you may be eligible for.
Mon, 11 Dec 2006: Your Home Business Tax Deductions
If you operate your own home business, then you are probably aware that there a few drawbacks to being self-employed, just as there are a few drawbacks to any major decision you do in your life.Being
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